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Management and Economics Journal (MEC-J)
Management and Economics Journal (MEC-J) is a peer-reviewed and open access journal that focuses on management and economics fields. This journal publishes original articles, reviews, and also interesting case reports. Letters and commentaries of our published articles are welcome. Subjects suitable for publication include but are not limited to the fields of Marketing Management, Finance Management, Strategic Management, Operation Management, Human Resource Management, E-business, Knowledge Management, Management Accounting, Management Control System, Management Information System, International Business, Economics, Business Economics, Business Ethics and Sustainable, and Entrepreneurship, etc. The papers received by this journal will be reviewed by some experts from several universities in different countries. MEC-J is published three times a year in April, August, and December by Faculty of Economics, Universitas Islam Negeri Maulana Malik Ibrahim Malang, Indonesia. One volume of MEC-J is published in the one-year calendar.
Articles
23
Articles
ANALYZING THE EFFECT OF TRUST AND PERCEIVED VALUE ON PURCHASE INTENTION (Case Study of Shopee)

Rafsandjani, Rieza Firdian

Management and Economics Journal (MEC-J) MEC-J (Vol 2, Issue 1, 04-2018)
Publisher : Faculty of Economics, State Islamic University of Maulana Malik Ibrahim Malang

Show Abstract | Original Source | Check in Google Scholar | Full PDF (763.398 KB)

Abstract

The progress of marketing is accelerating, nowadays people do not have to waste their time walking to the store to buy things. They just need to browse the internet and search for what they want and get it in no time. With this convenience and speed, online shopping interest is increasing. When customers intend to purchase products from the internet, they consider values and perceived beliefs. The main purpose of this study is to analyze the influence of the perception of values and beliefs on purchasing intentions in Shopee. Data were collected from 50 respondents and multiple regression analysis was used to test the relationship between variables. Based on the indicators described on the perception of value that is the value of experimental, functional value, market value and on the belief that is the ability, virtue, integrity then they have a significant partial influence on the purchase intention. The results can be maintained by giving customers the best value and earning their trust to maintain their purchase intentions. 

THE IMPLEMENTATION OF ISLAMIC SPIRITUALITY AND ISLAMIC SOCIAL RESPONSIBILITY ON ISLAMIC BANKING EMPLOYEES, ITS IMPLICATION TOWARDS WORKPLACE DEVIANCE

Siswanto, Siswanto

Management and Economics Journal (MEC-J) MEC-J (Vol 2, Issue 1, 04-2018)
Publisher : Faculty of Economics, State Islamic University of Maulana Malik Ibrahim Malang

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Abstract

This study aims to analyze the effects of Islamic spirituality and Islamic social responsibility on workplace deviance. Series of data analysis techniques have been projected to achieve the goal oriented.  However, the techniques include descriptive statistical analysis through cross tabulation, comparative test and Partial Least Square (PLS) analysis. The results indicate that: 1) the characteristic of employee age determine the difference of Islamic spirituality implementation, 2) the difference of employee age determines the difference of  Islamic social responsibility implementation, 3) the differences of biographical characteristics of Islamic banking employees covering gender differences, marital status, and age differences do not determine implementation of workplace deviance, 4) Implementation of Islamic piety concept which includes Islamic spirituality or personal piety, and social responsibility or social piety affect deviant behavior in the workplace. Social piety can reduce deviant behavior in the workplace. While personal piety is not able to reduce deviant behavior in the workplace.Keywords: Islamic spirituality, Islamic social responsibility, Workplace deviance

THE INFLUENCE OF ISLAMIC ETHICAL RETURN, INVESTMENT AND FIRM VALUE

Febri, RS., Wahyu, Sagena, Basir

Management and Economics Journal (MEC-J) MEC-J (Vol 2, Issue 1, 04-2018)
Publisher : Faculty of Economics, State Islamic University of Maulana Malik Ibrahim Malang

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Abstract

An interest of investors in investing in the stock market is to get a rate of return as an element of revenue. Given this background, this study was to determine the influence of ethical Islamic return on investment and the value of the company, as well as the effect of the investment on firm value. The research was conducted on companies listed in the Jakarta Islamic Index for the period 2012-2015. The results showed an increase in income of non-kosher will lower interest of investors to invest, increase the amount of revenue non-kosher will lower the value of the company, an increase in the deviation of investment according to Islamic principles have a negative significant effect to company value, and increasing the amount of income halal through investments based on the principle of sharia will enhance shareholder value. 

THE EFFECT OF INTELLECTUAL CAPITAL ON CORPORATE VALUE

Rahayu, Yayuk Sri, Widiati, Putri Kurnia

Management and Economics Journal (MEC-J) MEC-J (Vol 2, Issue 1, 04-2018)
Publisher : Faculty of Economics, State Islamic University of Maulana Malik Ibrahim Malang

Show Abstract | Original Source | Check in Google Scholar | Full PDF (712.397 KB)

Abstract

Economic development has many methods in development of financial institutions banking. Liquidity management can affect the institution. The crisis in financial sector is caused by low capability of financial institutions to deal fund sources. It affects the development of securities market and real sector. This study aims to analyze the effect of Intellectual Capital on Banking Value in Indonesia. The effect of Intellectual Capital is derived revenue (financial performance) on Banking Value, indirect effect of Intellectual Capital to Companys value of financial performance. This research is a descriptive explanatory research to test the hypotheses. The population is all Indonesia Banking. This research uses 30 banks with 5 years period (series) from year 2011 until 2015. The samples are 5 years x 30 = 150 item data and analyzed by path analysis. The research results indicate that companies should aware to important role of intellectual capital management. Company must manage intellectual capital within company, because it can affect on firm value. Intellectual capital has a significantly and positive effect on financial performance. In addition, there is an indirect effect of Intellectual Capital on firm value through financial performance. Optimal intellectual capital will create value added to company to provide a separate characteristic. The company will be able to compete with its competitors, because it has a unique competitive advantage.Keywords: intellectual capital, financial performance, corporate value

THE INFLUENCE OF ENTREPRENEUR ORIENTATION AND GOVERNMENT ROLE TOWARD BATIK SMES PERFORMANCE IN THE PACITAN

Sudjatno, Sudjatno, Safitri, Rini

Management and Economics Journal (MEC-J) MEC-J (Vol 2, Issue 1, 04-2018)
Publisher : Faculty of Economics, State Islamic University of Maulana Malik Ibrahim Malang

Show Abstract | Original Source | Check in Google Scholar | Full PDF (537.112 KB)

Abstract

This research has aim to determine the effect of entrepreneur orientation on performance of existing businesses in SMEs Batik Pacitan District and the government role as mediating variable. Questionnaire was used to collect data and this research called explanatory quantitative research. The sample is the amount of 40 respondents in the Pacitan that is work in the Batik SMEs. To analyse the data used Warp PLS. This research gives correlation evidence between entrepreneur orientation  and business performance. The R square score in the amount of 0.64, that means regression model able to explain 64% the effect of government role to the entrepreneur orientation toward business performance and the 36% for the rest will be explained by other varible that exclude this research. Based on that result, the goverment should pay attention to the entrepreneur and give contribution to them for expand SMEs because it will give feedback to the government for example increase per capita income, opening job vacancy, and reduce unemployment.  

IMPLEMENTATION OF ORGANIZATION CULTURE BY FUNCTIONAL WIDYAISWARA ON HUMAN RESOURCES DEVELOPMENT AGENCY OF SOUTH SULAWESI PROVINCE

Hasyim, Hasriana

Management and Economics Journal (MEC-J) MEC-J (Vol 2, Issue 1, 04-2018)
Publisher : Faculty of Economics, State Islamic University of Maulana Malik Ibrahim Malang

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Abstract

The research problem in generally is how the application of organization culture by functional widyaiswara in implementation of organization goal on Human Resources Development Agency of South Sulawesi Province. The research approach in qualitative descriptive with type of research is phenomenon to illustrate in narrative or textual in observed of application the organizational culture on Human Resources Development Agency of South Sulawesi Province. The technique of data analysis through the gathered of information, reduction, display and preparation of information, take of conclusion or verification. The application of organizational culture by widyaiswara functional on Human Resources Development Agency of South Sulawesi Province showed that the organizational culture such as innovative, attention, result oriented teamwork, aggressive and stability in work to actualization of widyaiswara that increased the organization goal. Widyaiswara must have the ability that innovative in applied of task, appointment of high attention suitable with the competence, widyaiswara able to achieve of result oriented suitable with the goal, able to development of team work with doing of aggressive and achieve of stability in work. The six of organizational culture have the important role in achieved of organization goal. Keywords: Organizational Culture, Innovative, Attention, Result Oriented, Teamwork, Aggressive and Stability in Work

THE ANALYSIS OF 7P MARKETING MIX STRATEGY ON POWDER HERBAL PRODUCTS AND RED GINGER CANDY IN BATU CITY HOME INDUSTRY

Mas, Nasharuddin, Nanik, Sri

Management and Economics Journal (MEC-J) MEC-J (Vol 1, Issue 1, 12-2017)
Publisher : Faculty of Economics, State Islamic University of Maulana Malik Ibrahim Malang

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Abstract

This study is to examine the effect of 7P marketing mix strategy on customer satisfaction through purchase decision as mediation variable. The samples are customers of 55 customers of herbal powder and red ginger candy products in Batu home industry. The data is collected by questionnaires. The research result shows that 7P marketing strategy affects on customer satisfaction, both directly and indirectly through purchase decision. The purchase decision also has a positive and significant effect on customer decision of herbal powder and red ginger candy products in Batu home industry.Keywords: Marketing Mix, Powder Herbal Product, Red Ginger Candy.

THE TESTING OF MONEY NEUTRALITY IN ECONOMIC GROWTH OF INDONESIA

Sun’an, Muammil, Husen, Amran

Management and Economics Journal (MEC-J) MEC-J (Vol 1, Issue 1, 12-2017)
Publisher : Faculty of Economics, State Islamic University of Maulana Malik Ibrahim Malang

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Abstract

This study aim is to test the money neutrality in a narrow sense (M1) and a broad sense (M2) to the growth of output (GDP) in Indonesia, both in short term and long term. This research uses quarterly time series data at 2010 - 2016 periods. The analysis tool used is Error Correction Model (ECM). The results show that short-term money supply (M1 and M2) affect on output growth. However, in the long term, only money circulation in a broad sense (M2) affects on output growth, which also means that money is not neutral because it affects the real sector (GDP). Keywords: M1, M2, Population, Capital, and Economic Growth.

THE EFFECT OF PERCEIVED VALUE ON SERVICE SATISFACTION IN BRAND IMAGE MEDIATION (Case Study toward Accounting Student, Faculty of Economics, State University in East Java)

Choiriyah, Siti Nur, Ekowati, Vivin Maharani, Oktaviana, Ulfi Kartika

Management and Economics Journal (MEC-J) MEC-J (Vol 1, Issue 1, 12-2017)
Publisher : Faculty of Economics, State Islamic University of Maulana Malik Ibrahim Malang

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Abstract

This study aims to examine, test, and examine the effect of Perceived Value on Service Satisfaction. Testing the role of Brand Image as a variable mediation influence Perceived Value on Service Satisfaction. The research was conducted in Accounting Department of Faculty of Economics, Surabaya State University, Airlangga University Surabaya, State Islamic University Maulana Malik Ibrahim Malang, Brawijaya University, and State University of Malang. The population of this study are all students of Accounting Department of Economics Faculty of State University in East Java as many as 5,366 students. The sample of this research is 98 students. Data collected directly from resonden by using research instrument in the form of questionnaire and technical data using Path Analysis. The results show that Perceived Value has a significant effect on brand image. Brand image mediates the influence of Perceived Value on Service Satisfaction, where the image of the brand image as a full mediation. Based on these results, it can be interpreted that every member of the organization should be able to create and maintain excellent service provided to students, so that students feel safe and comfortable to perform activities that are closely related to organizational goals, and not reluctant to perform activities that can increase the value that customers perceive to the organization. With a good understanding of the basic concepts of service satisfaction that are firmly rooted in the mind of a student, the student will show the satisfaction of the various forms of service as well. Students will tend to think that the satisfaction of the service is received in accordance with the perceived value of the sacrifice of the cost given to it in obtaining the service. The better the services provided by the department to the students the better the assessment given by the student. So that good service brings out the brand image itself against a student in the State College.Keyword: Perceived Value, Service Satisfaction, Brand Image

THE EFFECT OF EMPLOYEE SATISFACTION ON EMPLOYEES PERFORMANCE TRHOUGH ORGANIZATIONAL COMMITMENT

Triwahyuni, Ririn, Ekowati, Vivin Maharani

Management and Economics Journal (MEC-J) MEC-J (Vol 1, Issue 1, 12-2017)
Publisher : Faculty of Economics, State Islamic University of Maulana Malik Ibrahim Malang

Show Abstract | Original Source | Check in Google Scholar | Full PDF (743.717 KB)

Abstract

This study purpose is to analyze the effect of job satisfaction and organizational commitment on performance. This research uses a quantitative approach with explanatory research type where the aim is to test between hypothesized variables. This research has hypotheses that will be tested the truth. Samples are 86 respondents.  Data is collected by questionnaires and documentation.  The data is analyzed by Partial Least Square (PLS). The research result indicates that job satisfaction has a direct effect on employee performance at PT Pindad (Persero). Job satisfaction has no direct effect on employee performance. Test Sobel results show organizational commitment does not mediate the effect of job satisfaction on employee performance.Keywords: job satisfaction, organizational commitment, performance